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Where’s GOLD Headed in 2025? Insights from | Gary Wagner

Gold is soaring to all-time highs, holding above $3,100/oz and on pace for its best quarter since 1986 — up nearly 19% year-to-date. Futures prices surged as high as $3,162, and silver is also pushing multi-year resistance near $35.

With inflation risks escalating, safe-haven demand climbing, and Trump’s new tariff wave expected April 2, what comes next for precious metals?

In this interview, Gary Wagner, editor of TheGoldForecast.com, joins Kitco News Anchor Jeremy Szafron to break down the current price action, technical signals, and key macro factors behind gold's parabolic move. Wagner, who accurately forecasted the last gold breakout, shares updated charts, his near- and long-term projections, and his outlook on whether $3,400—or even $4,500—is now in reach.

Wagner also gives his take on silver’s underperformance relative to gold, the $35 resistance level, and why industrial demand could cap short-term gains.

Key Topics:

  • Gold’s record rally: What’s fueling the move?
  • April 2 tariffs and inflation expectations
  • Technical analysis: Overbought or just getting started?
  • Wagner’s gold price targets: $3,200, $3,400, or $4,500?
  • Why silver still hasn’t hit all-time highs
  • Long-term portfolio strategy for safe-haven allocation

00:00 Introduction

 
00:48 Technical Analysis with Gary Wagner

02:58 Factors Driving Gold Prices

07:37 Long-Term Gold Projections

14:57 Impact of Tariffs on Gold

19:27 Silver's Performance and Future

24:16 Conclusion